Indonesia’s finance minister outlines five development priorities
Suahasil Nazara said public spending and non-state investment must support shared goals as Indonesia seeks high-income, developed status.
Indonesia needs progress in human capital, infrastructure, institutions, structural reform and stability to become a developed, high-income country, Finance Minister Suahasil Nazara told the Danantara Technology Innovation Investment Forum 2026 in Jakarta.
Nazara said spending through the state budget and investment outside it must serve those priorities. He placed improvements in the quality of human resources first, with education and healthcare the main focus.
For the second priority, physical infrastructure, he called for financing arrangements that bring together public and private funding. Institutional reform ranked third, with Nazara urging government bodies and private entities to strengthen their governance and adopt environmental, social and governance standards to remain agile.
He also called for ongoing structural changes to make coordination across agencies and business procedures more efficient. His final priority was maintaining social and macroeconomic stability, which he described as an essential basis for growth over the long term.
